US futures trade is open for the new week, gaps:
- S&P500 futures -1%, NQ also
- Brent +7%
- CL +7%
Early FX rates indicated the moves, as usual:
But the weekend news flow indicated it well before pricing did.
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US futures, Globex, open for the new week's trade. Risk off, as expected.
- Oil up, equities down. Modest reactions as early FX was indicating.
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- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- Iran, UAE clash over Hormuz as oil flows disrupted and costs rise globally
- Trump’s Fed pick blocked as Tillis cites Powell investigation
- New Zealand data: March exports and imports both jump from February
- US futures, Globex, open for the new week's trade. Risk off, as expected.
- Iran says U.S. violated ceasefire by firing at one of Iran’s commercial ships.
- Oil and equity index futures open at the top of the hour. Early FX is indicating risk off
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